REGISTERED NUMBER: 03380175 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Real State Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr H C Freudenberger

Mr S N Freudenberger

REGISTERED OFFICE:

5 North End Road

London

NW11 7RJ

REGISTERED NUMBER:

03380175 (England and Wales)

ACCOUNTANTS:

London Accounting Group Ltd

FIXED ASSETS

Investment property

4

1,669,000

2,355,000

CURRENT ASSETS

Debtors

5

37,443

28,822

Cash at bank

34,735

48,171

72,178

76,993

CREDITORS

Amounts falling due within one year

6

1,432,285

1,369,669

NET CURRENT LIABILITIES

(1,360,107

)

(1,292,676

)

TOTAL ASSETS LESS CURRENT LIABILITIES

308,893

1,062,324

CREDITORS

Amounts falling due after more than one year

7

1,154,947

1,344,019

NET LIABILITIES

(846,054

)

(281,695

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Non distributable reserves

10

80,266

113,153

Retained earnings

10

(926,420

)

(394,948

)

SHAREHOLDERS' FUNDS

(846,054

)

(281,695

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

Mr H C Freudenberger - Director

1.	STATUTORY INFORMATION

Real State Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net rents receivable.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

2,355,000

Disposals

(686,000

)

At 30 June 2025

1,669,000

NET BOOK VALUE

At 30 June 2025

1,669,000

At 30 June 2024

2,355,000

Fair value at 30 June 2025 is represented by:

£

Valuation in 2014

80,266

Cost

1,588,734

1,669,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Other debtors

37,443

28,822

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

9,166

19,166

Trade creditors

32,273

32,275

Taxation and social security

45,261

37,910

Other creditors

1,345,585

1,280,318

1,432,285

1,369,669

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

1,154,947

1,344,019

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Loan>5yrs (Non-instalmt)

1,154,947

1,344,019

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.25

30.6.24

£

£

Bank loans

1,164,113

1,363,185

The loans are secured on the investment property assets of the company.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Non

Retained

distributable

earnings

reserves

Totals

£

£

£

At 1 July 2024

(394,948

)

113,153

(281,795

)

Deficit for the year

(564,359

)

(564,359

)

Gains or losses from fair value adjustments

32,887

(32,887

)

-

At 30 June 2025

(926,420

)

80,266

(846,154

)